alleryStart learning →Purchases overcast by Rs 10,000 and sales returns undercast by Rs 10,000 are
ACompensating errors
BErrors of omission
CErrors of commission
DErrors of principle
Answer & Solution
Correct answer: A. Compensating errors
One account has an excess debit of 10,000 and the other a short debit of 10,000, so the effects cancel.
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